Forecast: Woven Fabrics of Glass Fibre Market Size Volume in France

The woven fabrics of glass fibre market in France stood at 33.119 million kilograms in 2023, showing a year-on-year growth of 2.09%. Over the last five years, the compound annual growth rate (CAGR) was 2.23%, reflecting a steady increase in market volume. A notable downturn occurred in 2020 with a 9.27% reduction, likely due to global disruptions, but the market rebounded with a 17.23% increase in 2021.

Looking forward, the market is projected to continue its growth, reaching 36.409 million kilograms by 2028. The forecasted five-year CAGR is 1.5%, with a total growth rate of 7.75% from 2023 to 2028. This indicates moderate yet consistent expansion.

Future trends to watch for:

  • Technological advancements in glass fibre production.
  • Increasing demand from renewable energy sectors, particularly wind energy.
  • Sustainability initiatives and recycling advancements positively impacting market dynamics.

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